Previewing/Printing the SV3A Schedule & SV3 Return

Previewing/Printing the Cost Recovery Schedule (SV 3A)
The Cost Recovery Fee Schedule shows the amount of severance tax calculated, the amount of cost recovery fee calculated based on the production, and then reports a number that will be included on the SV3 report.

With the desired criteria on the Ohio Tax Reporting window, mark the "Cost Recovery Schedule (SV 3A)." Fill in the Account #. If the "Revenue Account No." is specified in the Miscellaneous Preferences, then it will automatically fill in with that number. Press Preview to view the report or Print to print the report so you can file it with the state.

Previewing/Printing the Severance Tax Return (SV 3)
The Severance Tax Return (SV 3) shows the amount of severance taxes due, with one line for the cost recovery fee total from the SV3A report. When this is run, there's an option about not including the total at the bottom, in case any of our clients have other minerals that need reported.

With the desired criteria on the Ohio Tax Reporting window, mark the "Severance Tax Return (SV 3)." Fill in the Account
#. If the "Revenue Account No." is specified in the Miscellaneous Preferences then it will automatically fill in with that
number. It you do not want the total at the bottom to print, you can mark the "Don't print total on SV 3 form" option and it will be left off. Leaving the total off is useful if you have other minerals that to add to the report. You can then pencil the other numbers onto the report after it is printed and calculate the total on your own. Press Preview to view the report or Print to print the report so you can file it with the state.